The Community Investment Guarantee Pool (the Pool) was launched to offer funding risk mitigation.
The Pool, with guarantee commitments totaling $33.1 million, is a new tool for community development finance and the first of its kind in the U.S.
Organizers hope that it will catalyze more than $150 million in new community investments in small businesses, climate and affordable housing.
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Amit Kataria, who lost his lower limbs to polio, has launched his social enterprise, Rural Organisation for Social Empowerment (ROSE) to create employment for at least one member of every household in Haryana, North Central India.